OFFICIAL ONS DATAJULY 2026

Average rent in Southwark

Private rents in Southwark average £2,431 a month across all property sizes, up 3.8% over the last year. These are the official Office for National Statistics figures, not portal asking rents, so they reflect what tenants actually pay.

Challenge a rent riseYield hereSchools hereAll areasPrices by postcode
All sizes
£2,431
1-bed
£1,843
2-bed
£2,306
3-bed
£2,683
4+ bed
£3,544
Flats
£2,140

What would your place rent for in Southwark?

The £2,431 average above is the whole district, every size and condition mixed together. It's a fair sanity check, but it isn't a valuation of one property, and the gap between a 1-bed at £1,843 and a 3-bed at £2,683 shows why. For an actual figure you need the specific address: its size, its EPC, its street, and what comparable homes nearby genuinely let for.

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Two years of rents in Southwark
Two-year change: +7.8%Five-year change: +33.4%Source: ONS Price Index of Private Rents
Rents are up 1.8% over the last six months, against +1.9% in the six before: a steady market.
What homes sell for, by postcode area
SE22563 sales£700,000SE1804 sales£565,000SE15811 sales£525,000SE5554 sales£480,000SE16558 sales£479,000SE17249 sales£475,000
Median sold prices over the last two years, HM Land Registry. District-wide median: £526,500.
Renting in Southwark?

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What next door costs
Southwark is the 2nd cheapest of these 7 on a 2-bed, average rent by bedrooms
Area
2 bed
3 bed
4+ bed
1Lewisham£1,789£2,056£2,713
2SouthwarkYou are here£2,306£2,683£3,544
3Lambeth£2,337£2,676£3,7084Tower Hamlets£2,404£2,733£3,3605Wandsworth£2,451£2,797£3,8026Islington£2,684£2,989£4,2097Westminster£3,286£3,872£5,396
Nearest by the centre point of each area, so a very large or coastal area can throw up a neighbour that is not a natural comparison.
All 316 areas →
Rents: ONS Price Index of Private Rents, July 2026, average private rents by local authority. Sold prices: HM Land Registry Price Paid Data. Figures are area averages, not valuations of any individual property.